"There are talented people in this industry. We have some good writers here. I feel there are some movies being made out of books, and there are movies which are also fresh. But there's definitely a shortage of writers and good scripts," Bhagat told IANS.
"You can't order a good script and buy it...there is a big supply issue," he added.
Four of Bhagat's books have been made into films.
Two others managed to paint a successful box office story - "3 idiots" (based on "Five Point Someone") and "Kai Po Che!" (based on "The 3 Mistakes Of My Life"), while "Hello", inspired by his "One Night @ the Call Center" did not get a great reception.
'I was okay because I had not done a pure screenplay before. I didn't know how it will all pan out, so on a gut feeling and on a personal relationship, I said 'yes'. When the promos came out, I was dazzled myself."